Stuart Shopping Center For
701 NW Federal Hwy Stuart, FL 34994
For Sale
$19,999,888
Prime shopping center in Stuart with diverse tenancy.
Property Size57,000 SF
Lot Size4.00 Acres
Price / SF$350.88
Days on Market110
Property Features for 701 NW Federal Hwy
General Information
Standard status
Active
Size
57,000 SF
Lot size
4.00 Acres
Property subtype
Commercial
Building Details
Year Built
1986
Listing Agency:
RE/MAX Select Group
(772) 283-9991
Listed By:
Patrick A Stracuzzi Sr
(772) 283-9991
Source:
Elliman
Added: Apr 11
Changed: Jul 10
Last Checked: Jul 28 at 8:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Select Group
Investment Insights
Based on property information with market context.
This commercial property in Stuart offers a meticulously maintained shopping center spanning over 57,000 square feet on 4+ acres. The property is located at the base of the Roosevelt Bridge, a high-traffic area with over 55,000 cars per day. The property features a blend of restaurant, retail, and professional tenants, including a freestanding four-story office building, creating multiple income streams. Anchored by well-known local establishments, the property benefits from exceptional exposure to local residents and daily commuters. The location provides immediate presence, stability, and long-term growth potential. The property has a bike score of 59, indicating it is bikeable, and a walk score of 31, indicating car-dependent surroundings.
Key Highlights
- Prime location at the base of the Roosevelt Bridge with high traffic volume (over 55,000 cars per day).
- Diverse tenancy mix of restaurant, retail, and professional offices, including a freestanding four‑story office building.
- Significant size: over 57,000 square feet on 4+ acres.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.54M | $27.00 |
| − Vacancy | −$41.6k | −$0.73 |
| EGI | $1.50M | $26.27 |
| − OpEx | −$449.2k | −$7.88 |
| NOI | $1.05M | $18.39 |
57,000 SF · lease $27.00/SF/yr · vacancy 2.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$14.97M
$13.10M – $17.47M
NOI $1,048,213 @ 7.0% cap · market cap 5.24%
Second Best
Specialty Retail
$10.90M
$9.54M – $12.72M
NOI $763,344 @ 7.0% cap · market cap 3.82%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Northshore Plaza — 845 NW Federal Hwy, Stuart, FL 34994
- Riverside Shoppes — 723 NW Federal Hwy, Stuart, FL 34994
Frequently Asked Questions
What type of property is this?
Shopping center - Prime shopping center in Stuart with diverse tenancy.
Where is this shopping center located?
The property is located at 701 NW Federal Hwy Stuart, FL.
What is the asking price?
The asking price for this property is $19,999,888.
What are key features of this property?
This property features: Prime location at the base of the Roosevelt Bridge with high traffic volume (over 55,000 cars per day).; Diverse tenancy mix of restaurant, retail, and professional offices, including a freestanding four‑story office building.; Significant size: over 57,000 square feet on 4+ acres.
